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Information About

Universal Music Group




  Company Type Subsidiary of Vivendi
  Foundation 1934 (as Decca Records USA)<br /> 1997 (first UMG incarnation)<br /> 1998 (second incarnation)
  Location Santa Monica, California and<br /> Broadway , New York City <br /> United States
  Key People Doug Morris, CEO
  Industry Music entertainment
  Revenue €4989 billion ( 2005 )
  Net Income €480 million ( 2005 )
  Parent Vivendi
  Homepage Universal Music


Universal Music Group (UMG) is the largest Business Group and family of Record Label s in the Recording Industry . With a 25.5% market share, it is one of the Big Four Record Labels . It belongs to the French conglomerate Vivendi SA .

UMG's record labels have many of the world's biggest artists Universal Music Group - Artists including Tupac Shakur , Wisin & Yandel , Latin Fresh , Rammstein , The Killers , Don Omar , Def Leppard , Bon Jovi , Elton John , Method Man , Luny Tunes , Jay-Z , Maroon 5 , Keane , Mariah Carey , T.A.T.u. , Eminem , Dr. Dre , 50 Cent , G-Unit , Diana Ross , Hector El Father , Luciano Pavarotti , U2 , Blink-182 , Kanye West , Rihanna , Bone Thugs-N-Harmony , Lindsay Lohan , Black Eyed Peas , Nelly Furtado , Tokio Hotel , Notch , Nelly and Gwen Stefani . UMG now owns the largest Music Publishing business in the world, the Universal Music Publishing Group , (after their acquisition of BMG Music Publishing in June 2007).

In the United States UMG is located in Santa Monica, California , and New York City, New York along with Universal Music Group Nashville ; in the UK the group has a number of offices in London and Romford . Vivendi's headquarters are in France , in Paris .


HISTORY

"Universal Music" was once the music company attached to Film Studio Universal Pictures . Its origins go back to the formation of the American branch of Decca Records in 1934 . MCA bought American Decca in 1962 . The present organization was formed when its parent company Seagram purchased PolyGram and merged it with Universal Music Group in 1998 . However, the name first appeared in 1996 when MCA Music Entertainment was renamed Universal Music Group.

With the 2004 acquisition of Vivendi's Vivendi Universal Entertainment by General Electric 's NBC , Universal Music Group was separated entirely from its film studio namesake for the first time.

In February 2006, the group became 100% owned by French media conglomerate Vivendi SA when Vivendi purchased the last 20% from Matsushita , the group's sole owner from 1990 to 1995 and co-owner from 1995 to 2006.

On September 6 , 2006 it was announced that Universal Music will purchase BMG Music Publishing (to become Universal Music Publishing Group ), for €1.63 billion ($2.1 billion), subject to regulatory approval. {Link without Title}


LABELS

Universal Music Group owns, or has a joint share in, a large number of Record Label s, including:


Interscope-Geffen-A&M


Interscope Records



Geffen Records



A&M Records



The Universal Motown/Universal Republic Group



The Island Def Jam Music Group


Def Jam Recordings



Island Records



Mercury Records


Roc-A-Fella Records



So So Def Recordings



Universal Music Classics Group



Universal Music Group Nashville



Verve Music Group



Machete Music



Sanctuary Records

  • Sanctuary Records UK

  • Attack Records

  • Sequel

  • Antidote Records

  • Castle Home Video

  • Castle Music

  • Castle Pie

  • Castle Pulse

  • Castle Select

  • Discotheque

  • Fantastic Plastic

  • Indigo

  • Knockout Entertainment

  • Mayan Records

  • Metal-is Records

  • Noise Records

  • RAS Records

  • Rough Trade Records

  • Rough Trade Records US

  • Sanctuary Records US

  • Sanctuary Special Editions

  • Sanctuary Visual Entertainment

  • Slogan

  • Trojan Records

  • Vapor Records

  • Vertical Records

  • Sanctuary Classics



Stand alone labels



Independent labels distributed by Universal Music Group



Labels outside of the USA



CONTROVERSY


Pay for play

In May 2006, an investigation led by New York Attorney General Eliot Spitzer concluded with a determination that Universal Bribed radio stations to play songs from Ashlee Simpson , Brian McKnight , Big Tymers , Lindsay Lohan and other performers working for Universal labels. The company paid $12 million to the state in settlement.
1


iTunes

On July 2 , 2007 , the New York Times reported that Universal would not be renewing its contract with Apple allowing the sale of its artists on ITunes . Instead, Universal was reported to be seeking an "at will" contract instead of an annual one, allowing it to pull its music from iTunes at will. 2 This report has been denied by Apple, who says they are "still negotiating" with Universal. 3 Universal has since stated publicly that they will not sign a new long term contract with Apple, preferring to go month by month instead. 4
Also, they announced on August 9, 2007, that they would sell DRM -free music through a variety of online vendors, including the newly-created GBox , but not including the ITunes Store .5


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EXTERNAL LINKS